Plan Ledger DOL Form 5500 · updated monthly

Lifeshare Network, Inc.401(k)

LIFESHARE NETWORK, INC. 401(K) PROFIT SHARING PLAN · OKLAHOMA CITY, OK · plan year 2024

Reported admin expense ratio · 2024
0.54%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Lifeshare Network, Inc. reported $103,580 in plan administrative expenses for 2024: 0.54% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,871 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio fell from 0.58% to 0.54%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 237th-largest of 724 plans among Oklahoma employers on file, and the 3,520th of 11,911 in health care & social assistance. In 2024, the employer put in $1.69 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$21,317,230
Participants with balances271
Active participants202
Employer contributions$1,791,879
Employee contributions$1,059,033
Employer contribution per active participant$8,871
Average account balance$78,661
Benefits paid to participants$1,946,201
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$21.3M · 271 accts · $1.8M emplr
2023$17.2M · 256 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$37,384
Investment management$66,196
Total administrative$103,580
The Lifeshare Network, Inc. 401(k) match · 2024
Employer contribution per active participant$8,871
Median for plans this size$2,416
2024$8,871 per active participant
2023$9,119 per active participant

Lifeshare Network, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$47,245
EMPOWER ADVISORY GROUP, LLC · Investment management$18,951

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$103,580 · 0.54%
2023$88,760 · 0.58%
Similar plansHealth Care & Social Assistance · Oklahoma
Careatc, Inc. OK$22.4M · 0.31%
Feed the Children, Inc. OK$18.8M · 0.34%
Valir Health, LLC OK$18.8M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 882584105 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.